On July 29, CCTC rose 3.44% in regular trading, trading at HK$91.65 per share, with turnover of approximately HK$5.954 million.
On the news front, Samsung Electro-Mechanics has officially notified customers of an approximately 30% price increase across all MLCC products effective August 1, with the new pricing retroactively applied to outstanding undelivered orders, signaling a strong seller's market. Meanwhile, the company spent approximately RMB 298 million on July 28 to repurchase 2.8634 million A-shares. Since initiating the buyback program on July 21, cumulative spending has significantly exceeded the initial floor of RMB 450 million, demonstrating substantial repurchase intensity.
The company previously issued a positive profit alert, forecasting H1 net profit attributable to shareholders to grow 45% to 65% year-over-year, with MLCC product volume and price gains serving as the core driver.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)